| PXD latest price $170.1000 (2.11%) ($164.7700 - $171.4300) on Thu. Jun. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 68 |
Latest Price | $170.1000(2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 1.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(77%) XLE(72%) XOP(69%) USO(50%) IWD(49%) |
Factors Impacting PXD price | PXD will decline at least -1.29% in a week (0% probabilities). VIXM(-25%) UUP(-21%) TLT(-15%) BNDX(-10%) SHY(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.29% (StdDev 2.58%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.7% |
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